LNG

Colombian developer Amazónica LNG has awarded an engineering, procurement and construction (EPC) contract to China’s Jereh Group to build an onshore regas terminal in the Caribbean. Construction is expected to take between 18 and 21 months, with start of commercial operations slated for the first half of 2028.

The Gastech 2026 trade show concluded in Bangkok with nearly 60,000 attendees and an estimated $40 billion in LNG supply agreements and investment commitments as the industry responds to the unprecedented scale and complexity of global energy demand.

Lloyd’s Register, together with Seapeak, will verify the accuracy of Kongsberg’s Continuous Emissions Monitoring System (CEMS) which uses Tunable’s gas analysis technology on board a new LNG carrier. 

Asian LNG demand could decline 3-10% this year from 2025-levels, with buyers turning to coal and nuclear. China’s LNG demand alone is forecast to fall by more than 6 mtpa year-on-year as buyers react to soaring spot prices and delay restocking, Rystad Energy finds.

Aker BP has made a gas discovery in the North Sea and will assess its commercial viability together with its partners. If developed, the gas could add to regional supply and reduce the need for LNG imports into northwest Europe.

Qatar is managing US$5.8 billion in repairs and recovery timelines of up to 12 months as it seeks to commission the world’s largest LNG programme with Wood Mackenzie anticipating 54 mtpa of uncontracted Qatari volumes will reach the market by 2035.

French major TotalEnergies and South Korea’s GS Energy have signed a Sale and Purchase Agreement (SPA) for long-term supply of LNG, primarily to fuel GS Energy’s power plant fleet. Contracted volumes, or pricing terms were not disclosed.

China Gas Holdings has signed another long-term deal to buy US LNG, giving the company more options to trade and re-sell Henry Hub-linked volumes as Beijing’s 15% tariff on US LNG remains in place.  

Nigerian LNG producer NLNG plants to commission and start up its $10 billion Train 7 project before the end of 2027, lifting the project's capacity to 30 mtpa. NLNG plans to lift force majeure once the current 20 mtpa six train liquefaction project once it reaches a 90% utilisation rate, Managing Director Adeleye Falade told the Gastech conference in Bangkok.

Caturus has announce a five train, 7.75 mtpa expansion project for its Commonwealth LNG export facility, which would nearly double the site’s planned capacity to approximately 17.25 mtpa. The expansion project comes four months after Caturus reached FID on its six train, 9.5 mtpa Commonwealth LNG facility, closing $9.75 billion in project financing.